The Royal Melbourne Institute of Technology (RMIT) has established the RMIT Blockchain Innovation Hub to explore the social science of blockchain technology. In an announcement today, RMIT unveiled details of the research center focused on blockchain technology, an innovation that the university believes will become “a core infrastructure for the global economy.” The hub is being proclaimed as the world’s first research center aimed at exploring the social science of blockchain technology. The research center will be led by Professor Jason Potts from RMIT’s School of Economics, Finance, and Marketing. Professor Ian Palmer, pro-vice chancellor business and vice-president at the university stated: The RMIT Blockchain Innovation Hub is the only full-service, research, learning and industry-linked blockchain body in the world. Blockchain, the underlying tech that powers cryptocurrencies like bitcoin, will ‘revolutionize businesses as we know it in the coming ye...
The US establishment has "fully outwitted Trump", says Russia as Congress ignores the President to pass a sanctions bill. Russia has reacted angrily after a US bill imposing fresh sanctions was agreed overwhelmingly by the country's lawmakers. The bill, which also brings sanctions against Iran and North Korea, was described as "seriously flawed" by US President Donald Trump. But Congress voted for it by such an overwhelming majority that he was unable to veto it. President Trump's anger was mirrored in Moscow, where Russia's prime minister, Dmitry Medvedev, wrote on Facebook that the bill would bring "consequences". He said: "First, it ends hopes for improving our relations with the new US administration. "Second, it is a declaration of a full-fledged economic war on Russia. "Third, the Trump administration has shown its total weakness by handing over executive power to Congress in the most humiliating way....
The bitcoin price broke $4,000 for the first time over the weekend, and it continued its record-setting run on Monday. The bitcoin market cap soared past $70 billion, initiating an event the cryptocurrency community has been anticipating for years: bitcoin now has a greater total valuation than payment-processing behemoth PayPal. Record Bitcoin Price Initiates Flippening Bitcoin Price Chart from CoinMarketCap The bitcoin price rose another 8% on August 14, briefly spiking past $4,300 before settling down to its present value of $4,276. Monday’s trading raised the bitcoin market cap to a staggering $70.6 billion. According to Yahoo Finance, this makes bitcoin $400 million more valuable than PayPal, whose market cap is $70.2 billion. Chart from Yahoo Finance Just a few months ago, ethereum backers anticipated the “Flippening”: a moment when ethereum would surpass bitcoin to become the most valuable cryptocurrency. Ethereum was unable to ...
Comments
Post a Comment